Wednesday, March 24, 2010

World’s Luxury-Home Prices Drop on Financial Crisis - Bloomberg
March 23 (Bloomberg) -- Luxury homes became more affordable last year as the financial crisis eroded prices from Monaco to Barbados, according to Knight Frank LLP. Prime real-estate values at 56 locations declined by an average of 5.5 percent, the

$3 Million in 3 Weeks Needed to 'Save the Peak' - Laist.com
Will the Hollywood Sign get new neighbor in the form of luxury homes or will the land to the left of the "H" be preserved and become part of Griffith Park? That depends on fundraising efforts by the Trust for Public Land, which struck a $12.5 million

Cheung Kong Caps Homes Per Buyer at New H.K. Project - BusinessWeek
Hong Kong’s government has expressed concern about surging property prices and will raise stamp duties on luxury residences from April 1 after increasing down payments for homes costing more than HK$20 million ($2.58 million). It also has pledged

Toll Brothers Steps Up Land Buying Activities - MSN Money
HORSHAM, Pa., March 17, 2010 (GLOBE NEWSWIRE) -- Since the start of its fiscal year 2010, Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, has stepped up its land buying activities. In the last four

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